Edmonton Housing Market Outlook 2026
Edmonton Home Sales See Year-End Cooldown as Price Resilience Sets the Stage for 2026
Edmonton’s housing market cooled sharply in December, with sales falling from November in line with typical seasonal patterns, while inventory also tightened as fewer new listings came to market. Despite the slowdown in activity, prices held firm overall, supported by strength in detached homes and row townhouses, which continued to post gains both month over month and year over year. Condominiums remained the soft spot, with prices declining and sales easing further, highlighting a clear split between houses as the year closed, based on data from the Realtors Association of Edmonton (RAE).
Looking ahead to 2026, Edmonton enters the year in relative balance, with stable pricing across most segments and inventory still elevated compared with last year, but trending lower into winter. Demand is expected to rebuild as seasonal activity returns gradually, though performance will likely remain uneven, with the detached and townhouse markets continuing to outperform condos until excess supply in those segments is absorbed.
Edmonton Housing Market Highlights
- The average selling price of a home in Edmonton increased by 3.2% year-over-year to $408,300 in December.
- The average selling price of a single-family home in Edmonton increased by 4.8% year-over-year to $490,700 in December.
- The average selling price of a townhouse/multiplex in Edmonton increased by 3.1% year-over-year to $268,200 in December.
- The average selling price of a condo in Edmonton increased by 1.4% year-over-year to $196,600 in December.
- The average rent in Edmonton is now $1,615 for December.
- January 22, 2026: Today’s lowest mortgage rate in Edmonton is
for a 5-year fixed.
Data from the Realtors Association of Edmonton (REA) indicates that the average price of resale residential homes sold across Edmonton in December was $408,300, and itincreased of 3.2% compared to a year ago.
REA also reported a sales-to-new-listings ratio (SNLR) of 106%, indicating Sellers market conditions in Edmonton for December.
Composite Home Prices
The average selling price of a home in Edmonton was $408,300 for the month of December, that’s decreased by 0.1% month over month. On a year-over-year basis, Edmonton home prices have increased 3.2% year-over-year.
Single-family Home Prices
The average selling price of a single-family home in Edmonton was $490,700 for the month of December, that’s increased by 0.1% month over month. On a year-over-year basis, single-family home prices in Edmonton have increased by 4.8% year-over-year.
Townhouse and Multiplex Prices
The average selling price of a townhouse in Edmonton was $268,200 for the month of December, that’s decreased by 1.5% month over month. On a year-over-year basis, the price of a townhouse in Edmonton has increased by 3.1% year-over-year.
Condo Prices
The average selling price of a condo in Edmonton was $196,600 for the month of December, that’s decreased by 0.1% month over month. On a year-over-year basis, the price of a condo in Edmonton has increased 1.4% year-over-year.
Transactions – Number of Sales
The number of sales in Edmonton was 1,389 during December, that’s decreased by 16% month over month. On a year-over-year basis, sales in Edmonton have decreased by 2.7% year-over-year.
New Listings
The number of new listings in Edmonton was 1,315 during December, that’s decreased by 42.5% month over month. On a year-over-year basis, new listings in Edmonton have decreased by 3.8% year-over-year.
Real Estate Market
The sales-to-new-listings ratio (SNLR) in Edmonton was 106% during December, indicating a Sellers. On a monthly basis, that’s increased by 45.9% month over month. Edmonton’s yearly sales to new listings ratio has increased by 1.1% year-over-year.
The sales-to-new-listings ratio (SNLR) measures the number of home sales compared to new listings. An SNLR below 40% suggests a buyer’s market, where buyers have the upper hand and greater negotiating power. An SNLR between 40% and 60% is a balanced market, while an SNLR of over 60% is considered a seller’s market.
Annual Changes to Composite Home Prices in Edmonton
Edmonton Market Rents Snapshot
The average rent in Edmonton was $1,615 for the month of December.
The average rent for a 1-bedroom apartment in Edmonton was $1,301 for the month of December, which decreased by 2% year over year.
The average rent for a 2-bedroom apartment in Edmonton was $1,625 for the month of December, which decreased by 1.8% year over year.
Rental Price Changes by City
Rental Price Changes by Province
Rental Price Growth by Housing Type
How Does Renting Compare with Homeownership in Edmonton?
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Frequently Asked Questions on Edmonton Housing Market Outlook for 2026
Will home prices in Edmonton rise in 2026?
Edmonton’s home prices are expected to increase slightly in 2026. Edmonton remains one of Canada’s most affordable larger housing markets, and steady population growth and declining mortgage rates will drive modest price gains.
Is Edmonton a good place to buy a home in 2026?
Edmonton is an attractive option for buyers seeking affordability and long-term investment opportunities. Its lower home prices and new housing developments make it ideal for first-time homebuyers (FTHB) and investors.
How will mortgage rates impact Edmonton’s housing market?
Easing mortgage rates in 2026 will improve affordability in Edmonton, allowing buyers to secure more favourable financing. Combined with stable prices, this creates a good entry point for buyers.
Will housing affordability improve in Edmonton in 2026?
Edmonton remains one of the most affordable cities in Canada. Prices for single-family homes and condos stay well below the national average, attracting buyers seeking value.
What trends will influence Edmonton’s housing market?
Key trends include rising population, demand for single-family homes, and a steady supply of new housing, keeping the market balanced.
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